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Online Stock, Forex and CFD broker comparison service, Online Brokers Australia, has published a new how-to guide dedicated to helping retail foreign exchange and CFD traders understand the contracts for difference (CFD) market. This guide will also have information useful to anybody facing the challenge of understanding what CFDs are and how to start trading them.
Interested parties are invited to review the how-to guide in full on their website: https://www.onlinebrokersaustralia.com.au/cfd-trading/
This most recent how-to guide from Online Brokers Australia contains detailed information, designed to be used by traders who wish to add CFD trading to their investment strategy, and others who need it, to understand what contracts for difference (CFDs) are, as quickly and easily as possible.
Online Brokers Australia states that this accessible, easy to follow guide provides all of the information necessary to fully understand the topic, and compare the differences between the listed, Australian regulated, CFD providers.
The Full How-To Guide Covers: CFD Regulation in Australia – Understand the importance of reviewing the product disclosure statement (PDS) and the 7 ASIC disclosure benchmarks Australian CFD brokers must address; CFD Trading Strategy – How to use CFDs for hedging during periods of uncertainty or market downturns; Choosing A CFD Provider – Utilise the easy to use CFD broker comparison tables to understand the CFD brokers key points of difference.
When asked for more information about the guide, the reasons behind creating a guide on CFD trading and what they hope to accomplish with it, Stuart Young, Founder at Online Brokers Australia said: “This guide not only covers the general questions around “what are CFDs” and “how CFD trading works” but also covers regulatory requirements of CFD brokers licensed in Australia, and selecting a CFD provider who meets your needs. Since 31 March 2012, over-the-counter CFD providers must include information in their PDS to confirm if the brokerage firm meets ASIC 7 disclosure ‘benchmarks’. This information is designed to help you assess potential risks of the CFD broker and therefore we thought it important to include in the guide.”
Retail Forex and CFD traders, or anybody interested in CFD trading, are invited to review the how-to guide online: https://www.onlinebrokersaustralia.com.au/cfd-trading/
More information about Online Brokers Australia itself can be found at https://www.onlinebrokersaustralia.com.au
Release ID: 181858